To the extent that people overpay as a result of the Libor manipulation, they should be able to get their money back. Individuals who have mortgages, pension funds who had pensioner investments – whoever was ripped off is entitled to get their money back. Peter Welch Read Quote
If I tried to shout over my older brother, my mother told me keep quiet. If I tried to shout over my little sister, my father told me to shut up. I found the best way to be heard was to lower my voice and actually speak when I had something to say. Peter Welch Read Quote
For an economic recovery program to be effective, it must not only create a short-term economic boost but also generate lasting value. Home Star would accomplish that by breaking down the key barrier between homeowners and money-saving retrofits: upfront costs. Peter Welch Read Quote
The rhetoric on the Hill is getting very heated and it’s getting quite dangerous. The gun is at the head of the American economy and Congress is holding it and its got a hair trigger. We’ve got to pay our bills. Peter Welch Read Quote
Swipe fees have increased steadily since the introduction of debit cards 20 years ago, when there were no swipe fees at all. Merchants can’t negotiate or control them. They’ve tried, but they have no leverage against the big banks and issuers. So they get ignored. Peter Welch Read Quote
We urge the Department of Justice to carefully investigate and aggressively prosecute all senior bank officials who participated in manipulating the London interbank offered rate throughout the financial crisis. Peter Welch Read Quote
Home Star is a common sense idea that would create jobs and provide a boost to local economies, while helping families afford their energy bills. By encouraging homeowners to invest in energy efficiency retrofits, Home Star would create 170,000 manufacturing and construction jobs that could not be outsourced to China. Peter Welch Read Quote
There’s no conscious plan here; my whole life in politics as a state legislator and in Congress has been about strengthening the middle class. Peter Welch Read Quote
America pays its bills. It always has. It always will. The fact that Washington is now debating whether to honor its debts and obligations, then, should come as a surprise. But playing political football with a necessary vote to raise the nation’s debt ceiling has become as predictable as a Twitter rant from Charlie Sheen. Peter Welch Read Quote
The Citizen’s Petition reflects Vermont’s spirit of pragmatism and across-the-board cooperation. I applaud the ‘Campaign to Fix the Debt’ for calling attention to one of the country’s most pressing problems, our ballooning national debt, and for urging policymakers to find practical solutions. Peter Welch Read Quote
